MyECheck, Inc. (fka MYEC)

[LBJohnnyD]

Form 144 filings report the proposed sale of any restricted stock. While this includes company insiders, it also includes anyone who owns restricted stock, as defined above, regardless of how many shares.
It is important to note that many "insider" trading reporting agencies list filings of Form 144 by directors and officers, but do not include Form 144 filings by unaffiliated shareholders.
It is also important to note that the filing of a Form 144 does not obligate the filer to sell any or all of the shares listed. The filer has 90 days in which to make the transaction, or portion of it. If the 90 days passes without a transaction, a new Form 144 may be filed.


Read more: http://www.briefing.com/investor/learning-center/general-concepts/sec-filing-requirements-for-insider-trades/#ixzz2y1JVIv4L